U.S. Bitcoin Spot ETF Has Netted $4.73 Billion in Last 13 Trading Days
According to the monitoring of chain analyst Ashes Yu, the U.S. BTC spot ETF has seen a net inflow of $4.73 billion in the last 13 trading days. the ETF has purchased an average of $363 million of BTC per day. Driven by the $4.73 billion of incremental ETF funds, the price of BTC has risen from $60,500,000 to a high of $73,600,000. In contrast, spot ETF inflows for ETH were only $60.87 million over the same time period, a mere 1.28% of BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: The current Crypto Fear & Greed Index is 29, indicating a state of fear.
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud